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Wincor supplies kiosks to Indian provider

April 17, 2007

PADERBORN, Germany — Wincor Nixdorf is supplying up to 10,000 kiosk systems to Reliance Money Ltd., an Indian provider of financial services, through its partner AGS Infotech. AGS Infotech, which is based in Mumbai, India, specializes in IT solutions for retail and banking. According to a news release, R-Money hopes to enable customers, through the kiosks, the ability to access its transaction portal — a portal that permits secure online share-trading, among other things. The kiosk systems are based on Beetle systems. "As part of our development strategy for Asia, we view India as a market of growing importance," said Lim Khoon Hong, president of Wincor Nixdorf Asia. "Around 2,500 kiosks have already been installed. The remaining kiosks will be installed over the period of next few months."

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